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The train was running at a speed of about 40 km per hour which, officials say, prevented any injuries when the incident occurred.

India gets 1st diesel locomotive from GE, work on Bihar factory on

Indian Railways and GE jointly to supply and maintain modern diesel electric locomotives of 4,500 HP and 6,000 HP.

12 Oct 2017 6:37 PM IST

Industrial output or IIP rose 1.2 per cent in July. Photo: PTI

IIP growth rises to 9-month high of 4.3 per cent in August

IIP growth during April-August period of this fiscal stood at 2.2 pc, down from 5.9 pc in same period in 2016-17.

12 Oct 2017 6:32 PM IST

Small investors have turned their attention towards a couple of IPOs that had hit the street in September with the portion reserved for retail investors witnessing overwhelming participation from them.

State-run GIC Re's $1.75 bn IPO subscribed 90 per cent by 2nd day

The institutional portion of the sale has been subscribed nearly 1.7 times, according to the data.

12 Oct 2017 6:14 PM IST

Morgan Stanley expects CPI and WPI inflation to rise further in coming months. Photo: PTI

CPI inflation for September tanks to 3.28 per cent, IIP climbs to 4.3...

According to data released by the government, the retail inflation rate for the month of August stood at 3.36 per cent.

12 Oct 2017 5:46 PM IST

Sahara chief Subrata Roy. (Photo: PTI)

Aamby Valley auctioning: SC irked over Sahara's letter to cops

The Supreme Court was hearing SEBI's plea against the Sahara group for allegedly obstructing the auction of Aamby...

12 Oct 2017 5:05 PM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS shares end nearly 2 per cent higher ahead of earnings

Company's market valuation also surged Rs 9,198.76 crore to Rs 4,87,865.76 crore.

12 Oct 2017 4:51 PM IST

DCB Bank has revised downward its MCLR across tenors with overnight loans attracting 8.35 per cent interest rates. (Representational Image)

Banks need to set aside Rs 3.3 tn as NPA provisioning in FY18

Banks would need to step up on provisioning, mainly for large corporate NPAs.

12 Oct 2017 4:43 PM IST

Bharti Airtel will be absorbing Tata Teles Consumer Mobile Businesss (Tata CMB) operations across the country in 19 circles. (File Photo)

Loss-making Tata Teleservices to merge with Bharti Airtel Ltd

Bharti Airtel said the merger will bolster its spectrum in 1800, 2100 & 850 MHz bands, all widely used for 4G.

12 Oct 2017 4:30 PM IST

Balanced mutual funds received more than Rs 47,000 crore. (Photo: Representational/PTI)

Mutual funds log Rs 2 lakh crore inflows in Apr-Sep FY'18

Equity and ELS attracted over Rs 80,000 crore, balanced funds received over Rs 47,000 crore.

12 Oct 2017 4:30 PM IST

Sensex, Nifty both surged on Thursday ahead of release of numbers on IIP and inflation later in the day. (Photo: AFP)

Sensex zooms 348 points, all eyes on IIP, inflation data

30-share Sensex after opening higher settled up 348.23 points, or 1.09 per cent at 32,182.22.

12 Oct 2017 4:20 PM IST

The companys shares closed 1.21 per cent higher at Rs 413.85 apiece on BSE.

Bajaj Corp Q2 net profit down 13 per cent at Rs 51 crore

Company had posted a net profit of Rs 58.29 crore during the same period of the previous fiscal.

12 Oct 2017 4:19 PM IST

As the four occupants, including a woman, failed to give any satisfactory explanation about the source of cash in their possession, they have been detained, police said. (Photo: Representational Image)

UP's 800,000 govt employees to get 30 days' Diwali bonus

Statement issued by UP govt on Wednesday said bonus for an employee will be up to Rs 6,908.

12 Oct 2017 3:47 PM IST